Cement News tagged under: Holcim
Graymont finalises Holcim NZ lime acquisitions07 July 2015, Published under Cement NewsGraymont has finalised the previously-announced acquisition of two New Zealand-based producers, McDonald’s Lime and Taylor’s Lime from Holcim. “Completion of this acquisition represents a milestone in terms of extending Graymont’s reach beyond North America to serve new customers in select global markets,” stated Graymont President and Chief Executive Officer, Stéphane Godin. “We have great confidence in the long-term growth prospects of the New Zealand economy and the region.” Gl... |
CTP Sinto America receives Holcim (US) order03 July 2015, Published under Cement NewsCTP Sinto America entered into a contract with Holcim (US) Inc to supply air pollution control equipment for reduction of emissions from one of the cement kilns at its Midlothian facility. In this project, exhaust gases from the main baghouse and coal mill baghouse are combined and sent to the new system and then directed to the existing wet scrubber. The project scope includes supply and installation of a CTP Model AutoTherm6-4200 designed to handle 420,000Nm3/h of gas, and duct modifica... |
RAM reaffirms Lafarge Malaysia ratings on strong business and financial profile05 June 2015, Published under Cement NewsRAM Rating Services has reaffirmed the ratings of Lafarge Malaysia Bhd’s debt notes based on the strong business and financial profile. The ratings agency had on Thursday reaffirmed the AA2/Stable/P1 ratings of the group’s MYR350m Islamic securities programme (2010/2017). “The ratings are premised on Lafarge Malaysia’s strong business and financial profile. The group is the leading producer of cement in Malaysia, whose annual production capacity of almost 13Mt accounts for about 40 per... |
Holcim launches exchange offer for Lafarge shares01 June 2015, Published under Cement NewsHolcim said Monday it has launched the public exchange offer for all the shares of Lafarge, marking the final stage of the merger of the two cement majors. Shareholders in Lafarge are being asked to offer their shares at an exchange ratio of nine Holcim shares for 10 Lafarge shares. Their acceptance of the exchange is the final stage to create a new company. Holcim shareholders have already approved the tie up. The combined LafargeHolcim group would employ approximately 115,000 people i... |
Holcim and Lafarge seal binding deal with CRH27 May 2015, Published under Cement NewsLafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the assets include operations mainly in Europe, Canada, Brazil and the Philippines (see below). The acquisition remains conditional upon successful completion of the merger of Lafarge and Holcim as well as the completion of local asset reorganisations. The acquisition is expected to complete in the second half of 2015. ... |
Future LH Executive Committee finalised27 May 2015, Published under Cement NewsLafarge and Holcim have completed the appointments for the future Executive Committee of LafargeHolcim following a recommendation by Eric Olsen, future CEO of the combined group. The future Executive Committee, under the leadership of Eric Olsen is composed of: • Finance, Thomas Aebischer, currently in charge of Finance at Holcim • Integration, Organization & Human Resources, Jean-Jacques Gauthier, currently in charge of Finance at Lafarge • Europe, Roland Köhler, currently in charge of E... |
Holcim releases 2014 Corporate Sustainable Development Report27 May 2015, Published under Cement NewsHolcim today released its 2014 Corporate Sustainable Development Report that outlines the Group’s economic, environmental and social performance and presents Holcim’s objectives for the areas of OH&S, social responsibility, sustainability and enhanced solutions, climate change, resources, and communities. The Swiss major said that the report builds on the “Holcim Sustainable Development Ambition 2030” announced in 2013. The Ambition, which was developed in consultation with a broad range of... |
Lafarge and Holcim reorganise group functions20 May 2015, Published under Cement NewsLafarge and Holcim are each preparing the reorganisation of group functions in the context of their proposed merger. Holcim’s proposed new organisation would result in a net reduction of approximately 120 jobs in Holcim Group functions in Switzerland. The social consultation process to reduce the impact on roles that are affected by reductions will now be launched with the employee representatives (AV) in Switzerland, the company said in a statement today. Concerning Lafarge at worldwide... |
Kaspar EA Wenger is designated chairman of the Board of Holcim (Schweiz) AG19 May 2015, Published under Cement NewsIn the framework of the progressing merger between Holcim and Lafarge, Kaspar EA Wenger will become designated chairman of the Board of Holcim (Schweiz) AG, effective 30 June 2015, and hand over his responsibilities as Area Manager for Central Europe (Switzerland, South Germany, Italy). Mr Wenger has been part of the Holcim Group for more than 20 years, including over 10 years of operating responsibility for Holcim (Schweiz) AG, as well as the responsibility for Central Europe. "Thank... |
Holcim files Lafarge stock exchange offer12 May 2015, Published under Cement NewsHolcim Ltd said on Monday it has filed with the French financial market regulator details of its proposed share exchange with Lafarge. The offer allows Lafarge shareholders to exchange all shares in the Paris-based company for newly created shares in Holcim. The exchange ratio is 10 Lafarge shares for nine shares in Holcim. Two thirds of Lafarge's 293 million shares have to be offered up by shareholders for the deal to go ahead. The offer is due to open on 1 June and run until 3 July... |